Spacewell: Tackling The Challenging Needs Of Corporate Occupiers In A Dynamic Real Estate Market
10 Oct, 2024
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Executive Summary
The integrated workplace management systems (IWMS) market has significantly evolved, driven by the shifting needs of corporate real estate executives and the rise of hybrid working models. In May 2022 Verdantix introduced connected portfolio intelligence platforms (CPIPs) as the next generation of IWMS, designed to meet the increasing demand for data-driven decision-making in real estate management. This report represents a deep-dive into Spacewell – an IWMS/CPIP provider based in Antwerp, Belgium – and the recent updates to its workplace management offering. Since May 2023 Spacewell has introduced features that improve the customization of its solution, enhance hybrid working programmes through detailed analytics, and offer simulation tools for identifying cost savings. The evolution from IWMS to CPIP will further transform how executives manage their portfolios, by bringing together portfolio-level information with real-time device data, alongside advanced analytical tools. Spacewell's latest updates serve as proof-points of how the vendor has embraced the CPIP vision.
Easy-to-use tools are key to space managers’ decision-making processes
Executives are seeking solutions to help optimize real estate portfolios
In response to the evolving requirements of firms, Spacewell invests in its workplace offering to help drive data-based decisions
The ongoing evolution of IWMS to CPIP will address new corporate priorities and challenges
Executives are seeking solutions to help optimize real estate portfolios
In response to the evolving requirements of firms, Spacewell invests in its workplace offering to help drive data-based decisions
The ongoing evolution of IWMS to CPIP will address new corporate priorities and challenges
Figure 1. Real estate executives' objectives and portfolio initiatives
Figure 2. Expected impact of technology innovation across portfolio processes
Figure 2. Expected impact of technology innovation across portfolio processes
About the Authors
Joy Trinquet
Senior Analyst
Joy is a Senior Analyst at Verdantix, specializing in real estate, facilities and workplace technology, with a particular focus on integrated workplace management systems/conn…
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Claire Stephens
Research Director
Claire Stephens is a Research Director at Verdantix, leading research into technologies and services shaping the real estate and the built environment, encompassing …
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